Optimized Alligator RateA less conventional way of utilizing the "Williams Alligator," the Optimized Rate uses the rate of change of the averages within the Alligator in order to potentially forecast with greater accuracy. The true optimization comes from the calculation of the "McGinley Dynamic" to create zero lag smoothed moving averages. It's important to note the standard Alligator has always used the SMMA. Lastly, divergence between the rates has been calculated in plotting for clarification.
Gator Oscillator
Gator OscillatorThis indicator was originally developed by Bill M. Williams. It shows the degree of convergence / divergence of the Alligator lines.
Williams Gator Oscillator 2Based on @Petros Williams Gator Oscillator script
Modifed by @PolarSolar - fix histogramm offset to original and added different colors to more understanding Gator histogramm
The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
while histogram below zero shows the absolute difference between red and green lines.
There are green and red bars on the Gator Oscillator histograms.
A green bar appears when its value is higher than the value of the previous bar.
A red bars appears when its value is lower than the value of the previous bar.
Gator Oscillator helps to better visualize the upcoming changes in the trends: to know when Alligator sleeps, eats, fills out and is about to go to sleep.
Williams Gator Oscillator// The Gator Oscillator histogram above zero shows the absolute difference between blue and red lines of Alligator indicator,
// while histogram below zero shows the absolute difference between red and green lines.
//
// There are green and red bars on the Gator Oscillator histograms.
// A green bar appears when its value is higher than the value of the previous bar.
// A red bars appears when its value is lower than the value of the previous bar.
//
// Gator Oscillator helps to better visualize the upcoming changes in the trends: to know when Alligator sleeps, eats, fills //out and is about to go to sleep.
